!GRINFRA saw a 2.4% increase, reaching Rs 981.60, as the company secured a significant project from the !National Highways Authority of India ( !NHAI ). This win halted a four-day losing streak for the stock. The company has been selected as the bidder for a Rs 4,262.78 crore project involving the construction of the Agra-Gwalior Greenfield Road. This project includes the development of a 6-lane access-controlled greenfield highway, as well as overlay/strengthening, road safety, and improvement works on the existing Agra-Gwalior section of NH-44. The project spans Uttar Pradesh, Rajasthan, and Madhya Pradesh, operating on a DBFOT (Design, Build, Finance, Operate, Transfer) pattern under the BOT (Toll) mode of the NH(O) scheme. The project is slated for completion within 910 days from the appointed date. Additionally, G R Infraprojects' board had previously declared an interim dividend of Rs 12.50 per equity share (face value Rs 5) for the financial year 2024-25.

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